Currency Trading Information Channel
Forex Made Easy for Everyone
Forex made easy is as simple as you would want it to be. The foreign exchange market is a worldwide market and according to some estimates is almost as big as thirty times the turnover of the US Equity markets. That is some figure to chew on. Forex is the commonly used term for foreign exchange. As a person who wants to invest in the forex market, one should understand the basics of how this currency market operates. Forex can be made easier for beginners to understand it and here's how.
Foreign exchange is the buying and the selling of foreign exchange in pairs of currencies. For example you buy US dollars and sell UK Sterling pounds or you sell German Marks and buy Japanese Yen. Why are currencies bought or sold? The answer is simple; Governments and Companies need foreign exchange for their purchase and payments for various commodities and services. This trade constitutes about 5% of all currency transactions, however the other 95% currency transactions are done for speculation and trade. In fact many companies will buy foreign currency when it is being traded at a lower rate to protect their financial investments. Another thing about foreign exchange market is that the rates are varying continuously and on daily basis. Therefore investors and financial managers track the forex rates and the forex market it on a daily basis.
Those who are involved in the forex trade know that almost 85% of the trading is done in only US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. This is because they are the most liquid of foreign currencies (can be easily bought and sold. In fact the US Dollar is most recognizable foreign currency even in countries like Afghanistan, Iraq, Vietnam etc).
Being a truly 24/7 market, the currency trading markets opens in the financial centers of Sydney, Tokyo, London and New York in that sequence. Investors and speculators alike respond to the ever-changing situations and can buy and sell simultaneously the currencies. In fact many operate in two or more currency market using arbitrage to gain profits (buying in one market and selling in another market or vice versa to take advantage of the prices and book profits).
While dealing in forex, one should have a margin account. Quite simply put if you have US$ 1,000 and have a forex margin account which leverages 100:1 then you can buy US$ 100,000 since you only need 1% of the US$100,000 or US$1,000. Therefore it means that with margin account you have US$ 100,000 worth of real purchasing power in your hand.
Since the foreign currency market is fluctuating on a continuous basis, one should be able to understand the factors that affect this currency market. This is done through Technical Analysis and Fundamental Analysis. These two tools of trade are used in a variety of other markets such as equity markets, stock markets, mutual funds markets etc. Technical Analysis refers to reading, summarizing and analyzing data based on the data that is generated by the market. While fundamental Analysis refers to the factors, which influence the market economy, and in turn how it would affect the currency trading. Of course there are other economic and non economic factors which can suddenly affect the trading of the forex markets such as the 9/11 tragedy etc. One needs to have a shrewd acumen and a few number crunching abilities to strike gold in the forex market.
Forex made easy with this amazing forex trading software. Real time signals sent to your desktop, email or mobile phone. Visit http://www.forex-made-easy.biz
MORE RESOURCES updated Sat. December / 15 / 2018
Forex Trading Platform: What You Need To Know ZyCrypto
To employ the best currency trading strategies you need to invest in an efficient and reliable forex trading platform that helps meet your.
Must Know Essentials about How to Do Forex Trading The Costa Rica News
Similar to any other business, forex trading has become a fast adaptable industry for both investors and entrepreneurs. Fortunately, not much is needed to kick ...
EAC in crackdown on illegal forex trading The East African
Central banks and capital markets regulators have tightened rules to keep out unscrupulous dealers.
FX Futures: How Currency Trading Revolutionized Finance TheStreet.com
Financial futures today represent 90 percent of global futures trade, with currency futures being the first financial futures product to trade 45 years ago. Today's ...
Cotton fiber - most popular commodity at UZEX currency trading site AzerNews
At the Dec. 3-7 trade week at the Uzbek Commodity Exchange (UZEX), transactions worth 703.8 billion soums were carried out, the press *service* of the ...
Brexit is a test like no other for currency traders Financial Times
This is hardly the first time in the past 30 years that the foreign exchange market has had to deal with potential shocks — both positive and negative — for the ...
Equity eyes more forex trading income with online platform Business Daily
Bank expects more volumes to come through due to the convenience of the *service*.
Top 10 Forex trading tips KnowTechie
Have a look at some detailed forex tips but in the mean time, you will find brief top 10 forex trading tips here in this article.
Currency traders brace for more Brexit volatility Financial Times
Crucial parliamentary vote, yield curve fears and US data release set the week's agenda.
Rupee Loses 14 Paise Against Dollar Ahead Of RBI Board Meeting NDTV News
Rupee Vs Dollar: Rupee Friday depreciated by 14 paise to 71.82 in early trade In the forex market as the American currency strengthened, while the domestic ...
Alpari Holds Training on Forex Trading THISDAY Newspapers
By Udora Orizu in Abuja. One of the leading companies on forex trading, Alpari has called on Nigerians to venture into currency trading and take advantage of ...
Pound close to parity with euro and dollar at airport currency brokers Yahoo Finance
Airport currency brokers are quoting exchange rates close to 1:1 between the pound and euro, and the pound and dollar.
The Best Forex Currency Pairs to Trade in 2018 • Benzinga Benzinga
Learn more about the best forex currency pairs to start trading, based on historical performance and popularity, on Benzinga.
Forex Trading | Trade FX Online | Forex Trading Platform IG
Forex with IG – it's free to open an account and you could start FX trading in moments with spreads from 0.6 pips on over 90 currency pairs.
Equity Bank unveils 'EazzyFX', online forex trading platform african-markets.com
Equity Bank has today unveiled an innovative online forex trading platform in a move that seeks to harness the potential of the financial markets in Kenya.
ONOT is launched today on the world's top 5 digital currency exchange KuCoin PRNewswire
SINAPORE, Dec. 11, 2018 /PRNewswire/ -- Today, ONO, the world's largest blockchain social network, announces that Singapore exchange KuCoin will open ...
General election before Brexit could cause another 'crash,' strategist says CNBC
Sterling would plummet and corporations would suffer if the U.K. held an election before Brexit, a Citi strategist told CNBC on Friday.
Asia stocks decline after China reports weak trade data; Japan and Australia fall more than 2 percent - CNBC
Asia stocks decline after China reports weak trade data; Japan and Australia fall more than 2 percent CNBC
Stocks in Asia declined on Monday following significantly weaker-than-expected Chinese trade data released over the weekend. The mainland Chinese markets ...
USD/JPY drops to the lows of the day in quick move into the fix ForexLive
USD/JPY down 25 pips USD/JPY has been hit by heavy selling into the fix. There are no headlines driving the move, or at least no headlines that I can find.
China's currency moves will be the best measure of how well trade talks are going between the US and China - CNBC
China's currency moves will be the best measure of how well trade talks are going between the US and China CNBC
The way China's currency moves against the dollar could be the best measure of how well U.S.-Chinese trade talks are proceeding. Strategists say the fact the ...
How to create an automated forex trading system IG
An automated forex trading system executes trades on your behalf using the exact parameters that you have set. Learn how to create, backtest and run an ...
US-China trade hopes help shore up global stock markets WLOX
LONDON (AP) — Global shares rose Wednesday amid hopes for progress in U.S.-China trade talks while U.K. markets took in stride the news that British Prime ...
Equity launches forex trading system Business Daily
Key clients targeted are corporates and small and medium size enterprises.
Forex Trading Opportunites for the Week Ahead [Video] FXStreet
Sam Eder is a currency trader and author of "The Definitive Guide to Developing a Winning Forex Trading System" and "The Advanced...
BoT suspends 5 banks from forex trading IPPmedia
THE Bank of Tanzania (BoT) has suspended five commercial banks from trading in the interbank foreign exchange market (IFEM) for one month for allegedly ...
how to start Forex trading in South Africa with the right platform? Forex News Now
A Forex broker in South Africa could be your primary platform, but are there any other Forex trading platforms in South Africa you can utilize? Let's see.
Sterling traders court peril counting on 11th-hour Brexit breakthrough The Irish Times
UK currency could hit floor if central banks sell off predicted £100bn over EU crash-out.
Economic Events Outlook, Dec 14 - US Retail Sales & European PMI on the Cards FX Leaders
Good morning, traders. At this time of the year, most of the market participants tend to take an extended break from forex trading, because it is very hard to ...
Online forex trading is business for the savvy, patient and daring Daily Nation
Many people in the country however, shy away from it claiming it is some sort of a scam.
Money, money, money! The Patriot Namibia
"The financial market, also known as Forex is a market wherein traders trade currency pairs connected through networks of banks. It is one of the largest, if not ...
Penny Stocks vs. Forex (Which is Better in 2019?) Investing Daily
I need to address a dangerous type of security, and will do so in today's article, which examines the differences between penny stocks vs forex. Both, however ...
Digital Currency Trading Platform Coinsquare Announces New Cryptocurrency Referral Program - Crowdfund Insider
Digital Currency Trading Platform Coinsquare Announces New Cryptocurrency Referral Program Crowdfund Insider
Canadian cryptocurrency platform Coinsquare announced on Wednesday its new cryptocurrency referral program. This announcement comes just days after ...
Beginner's Guide to City Index Review - Is it Safe? All The Pros & Cons Blockonomi
City Index is a global provider for CFD trading, spread betting, and forex trading. It has more than 30 years of experience and a reputation for delivering reliable ...
Canadian dollar weakens as markets fret about global growth outlook Reuters Canada
The Canadian dollar lost ground against its broadly stronger U.S. counterpart on Friday as investors worried about signs of slower global growth and braced for ...
Foreign exchange signal system trading - 3 key points to consider - Business MattersBusiness Matters
Foreign exchange signal system trading - 3 key points to consider Business MattersBusiness Matters
The signal system for Forex trading has been advancing for a number of years as Forex currency trading uses several forms of the signal.
Rupee Climbs 21 Paise To Hit 3-Month High Against Dollar NDTV News
MUMBAI: Rising for the fourth straight day, the rupee climbed 21 paise to a three month high of 69.64 against the US dollar in early trade Friday, amid weakness ...
Digital currency exchange Cryptology offers margin trading CoinReport
Singapore-headquartered community digital currency exchange Cryptology has launched a new feature that enables users to trade digital currency on margin, ...
China's Yuan Policy Is a Bad Kabuki Play Bloomberg
Beijing's tweaking of the exchange rate has done little to serve its objectives in the trade war with Washington.
Equity Bank unveils innovative online forex trading platform CIO East Africa
Equity Bank has unveiled an innovative online forex trading platform in a move that seeks to harness the potential of the financial markets in Kenya.
Forex Trading: EUR/USD should drop further December 11, 2018 FXDailyReport.com
EUR/USD is trading in the red and it seems ready to drop much deeper again. Price has shown some exhaustion signs in yesterday's trading session, but we still ...
Reasons Why People Want to Learn Forex Trading Online PC Tech Magazine
There are many ways to make money and trade is one of them. Here are some reasons why many people want to learn Forex trading online.
Rupee Up 46 Paise As Crude Prices Ease: 10 Things To Know NDTV News
The rupee rose by 46 paise to 70.44 against the US dollar in early trade today amid softening crude oil prices, reported news agency Press Trust of India (PTI).
Trading forex for a living Moneyweb.co.za
Forex trading has a bad reputation. Bucket shops, scam artists, boiler rooms, and brokers that trade against their clientele are more common than you think.
Top 10 most volatile currency pairs and how to trade them DailyFX
Find out what currency pairs run the biggest risk in trading, and how you can tailor your strategy to capitalize on market volatility.
Rupee Slips Below 72-Mark After RBI Governor Urjit Patel's Shock Exit NDTV News
Rupee and bonds plunged following Reserve Bank of India Governor Urjit Patel's unexpected resignation after market hours on Monday shocked investors.
How to read forex charts IG
Learn how to read the four main types of chart used by forex traders with our introduction to candlestick, HLOC (bar), line and mountain charts.AU.
Rupee Falls 15 Paise After US Suggests Tariff Hike On Chinese Goods NDTV News
MUMBAI: The rupee depreciated by 15 paise to 71.02 against the US dollar in early trade Tuesday at the interbank foreign exchange, after US President Donald ...
The App Destroying Iran’s Currency Foreign Policy
Iranian President Hassan Rouhani owes his re-election in large part to the messaging app Telegram. During Iran's 2017 presidential election, Iranians relied on ...
Forex Trade Setups & Economic Events Outlook, Dec 11 - Brexit Parliamentary Delays! FX Leaders
Recalling FX Leaders' Dec 10 Morning Brief, investors were looking to trade the UK Parliamentary vote on the Brexit agreement. But it's not there anymore.
How To Start Forex Trading Business With No Money FXDailyReport.com
We are all aware that Forex refers to a currency market where traders buy currencies and sell them. For a trader to earn some money at Forex, they should have ...
Rupee Up 29 Paise At Over Two-Month High Against Dollar: 10 Points NDTV News
The rupee rose to as much as 71.36 against the US dollar in early trade on Tuesday, reported news agency Reuters. This was the highest level for the rupee ...
Rupee Gains 39 Paise Against Dollar Amid Plunging Crude Prices: 10 Points NDTV News
The rupee gained 39 paise to 70.30 paise against the US dollar in early trade on Monday amid plunging crude oil prices, reported news agency Press Trust of ...
Battered Rupee On Track For Worst Annual Show In 5 Years: Survey NDTV News
Rupee Vs Dollar: The November 28-December 4 survey of around 40 strategists forecast the rupee would weaken over 2 per cent by the end of May 2019, just ...
Forex Trading: USD/JPY plunged on the Nikkei's Sell-Off December 05, 2018 FXDailyReport.com
USD/JPY dropped like a rock as the Yen was lifted by the Nikkei's massive drop. Price turned to the downside and most likely it will approach and reach new ...
ProBit: Professional Digital Currency Exchange Holding Something in Store for Everyone - Coinspeaker
ProBit: Professional Digital Currency Exchange Holding Something in Store for Everyone Coinspeaker
With a view to ensure the future for digital assets, ProBit is building a professional market place that will offer an increased level of security and a wide range of ...
Pound To Dollar Exchange Rate Rebounds 1.35% As Currency Markets Bet On May Confidence Win - Exchange Rates UK
Pound To Dollar Exchange Rate Rebounds 1.35% As Currency Markets Bet On May Confidence Win Exchange Rates UK
Yesterday's broad-based Pound rally sent the Pound Sterling to US Dollar (GBP/USD) exchange rate above $1.26, and the pairing continues trading at that level ...
Evolution: HBUS Digital Currency Exchange Kicks Off Ironic Outdoor Advertising Campaign - Crowdfund Insider
Evolution: HBUS Digital Currency Exchange Kicks Off Ironic Outdoor Advertising Campaign Crowdfund Insider
HBUS, the digital currency exchange that is a sister company to Huobi - one of the largest crypto exchanges in the world, has launched an interesting.
Top 3 Retail Trader Forex Trading Platforms FXDailyReport.com
A platform is essential for opening, managing, and closing forex trades on the currency market. It is probably the most important software needed for forex traders ...
Trading Support and Resistance DailyForex.com
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of December 9, 2018.
Cleared British traders put US justice on trial Financial Times
When they returned to the New York courtroom on October 26, the three British former currencies traders were not expecting a verdict. Their two-week trial, ...
Iran's rial rebounds but not out of the woods yet PRESSTV
The Iranian rial is gaining some respite from its record losses against the dollar after the country had to take drastic measures to arrest the national currency's ...
Nutrien Increases Its Existing Share Repurchase Program and Declares Quarterly Dividend - Business Wire
Nutrien Increases Its Existing Share Repurchase Program and Declares Quarterly Dividend Business Wire
Nutrien Ltd. (Nutrien) announced today that its Board of Directors has approved, subject to regulatory approval, an increase to the share repurchase p.
Rupee Slips 26 Paise Against Dollar In Early Trade NDTV News
Rupee Vs Dollar: Rupee depreciated by 26 paise to 70.75 against the US dollar in early trade Wednesday at the interbank foreign exchange, amid ...
Forex Trading: Is the USD poised to drop again? November 30, 2018 FXDailyReport.com
The dollar has decreased a little in the previous days as the USDX has dropped again. USDX has failed to resume the temporary rebound and to reach the near ...
Rupee Up For 7th Session In Row, Gains 35 Paise Against Dollar NDTV News
MUMBAI: Rising for the seventh straight day, the rupee strengthened by 35 paise to 71.11 against the US dollar in early trade Thursday on the back of falling ...
EM currencies slip on renewed trade fears | ForexTime FXTM
Emerging market currencies are back in the firing line thanks to renewed trade war concerns and fears over the likelihood of slowing global growth.
Asian stocks take a breather after days of declines CNBC
The Wall Street Journal reported on Thursday that the Federal Reserve is considering whether to signal a wait-and-see approach to rate hikes at its upcoming ...
Iran & Iraq consider replacing US dollar with local currency in trade RT
Apart from barter trade, Tehran and Baghdad are mulling the idea of using the Iraqi dinar for mutual transactions to reduce reliance on the US dollar amid ...
HBUS Becomes First Digital Currency Exchange To Launch A Billboard Campaign In The U.S BCW
SAN FRANCISCO, Nov. 30, 2018 – HBUS (www.hbus.com), the exclusive U.S. partner of Huobi (www.huobigroup.com), the world's leading digital asset ...
Rupee Gets A Lift-Off On Falling Oil Prices, Fund Flows: 10 Points NDTV News
The rupee gained 24 paise to 72.07 against the US dollar in early trade on Thursday amid falling crude oil prices and *fresh* foreign fund inflows, reported news ...
Crypto Market Focus for Groestlcoin (GRS.CR): Currency Trading Near $0.2272 Hartsburg News
Scanning through some cryptocurrency data, Groestlcoin (GRS.CR), has recently been spotted touching the $0.2272 mark with a traded volume of 183243.
Bullish USD/CAD on Deteriorating CA Fundamentals and Dovish BoC DailyFX
Hopes for a January/ March 2019 rate hike by the BoC have dropped aggressively, which as taken yield spreads wider and USD/CAD higher with it.
Forex Trading: USD/JPY turned to the downside November 17, 2018 FXDailyReport.com
USD/JPY plunged in yesterday's trading session and seems determined to reach *fresh* new lows in the upcoming days. It remains to see what will really happen ...
Forex dealers resurface, cite demand DailyNews
HARARE - Forex dealers popularly known as ''money-changers'' are back on the streets operating underground as they still claim that there is high demand for ...
Risk sentiment buoyed by US-China trade optimism; ECB meeting in focus | ForexTime FXTM
A renewed sense of positivity is sweeping across financial markets this morning amid signs of easing trade tensions between the United States and China.
FOREX-Euro hurt by weak PMIs and slowdown fears Kitco News
... * Euro hit after ECB meeting, weak German, French PMIs * Dollar headed for best week since August * Aussie dollar, sterling both back on the ropes
Binance Will Support USDC Trading Starting November 17 Bitcoin Magazine
Binance — one of the most popular digital currency exchanges across the globe — has announced that it will be adding the fiat-collateralized stablecoin USD ...
Pound-to-Dollar Exchange Rate Forecast - GBP/USD Ignores UK Data And Plunges To 20-Month Low - Exchange Rates UK
Pound-to-Dollar Exchange Rate Forecast - GBP/USD Ignores UK Data And Plunges To 20-Month Low Exchange Rates UK
The pound to dollar forecast warns of extreme volatility this coming week. The ECJ's judgement on Article 50 retraction on Monday and the Brexit Parliamentary ...
Trade ideas thread - European session 14 December 2018 ForexLive
Daily thread to exchange ideas and to share your thoughts Considering how the euro held up despite Draghi's dovishness yesterday, it sure looks like EUR/USD ...
Morning Brief, Nov 23 – Top Forex Trade Setups, Canadian CPI Shares the Stage FX Leaders
European Union negotiators gather in order to clear the last obstacle before a Sunday summit which is due to support the Brexit deal, but Spain'slast minute's ...
SolarisBank & Stuttgart Exchange Join To Launch Crypto Exchange CoinTrust
In order to develop a virtual currency exchange, SolarisBank has decided to sign a partnership with the Stuttgart Exchange Group.
MSE gets SEBI approval for weekly options on currency products BusinessLine
With the new products in its kitty, the exchange said it now plans to improve its market share in currency derivatives segment.
Forex Trading 101: Everything You Need To Know About AxiTrader Insider Monkey
Forex trading has become a popular trading solution for many investors. With so much information available about the forex market, it's essential to know who ...
CoinZoom Subsidiary Officially Registered as a Digital Currency Exchange with AUSTRAC PR Web
U.S.-based cryptocurrency exchange, CoinZoom, announced today that its wholly owned subsidiary, CoinZoom Australia, became officially registered as a ...
How to Start Trading Forex for Beginners: Step-By-Step • Benzinga Benzinga
Learn how to trade forex. Our guide provides simple and easy to follow instructions for beginner investors who want to start now.
EUR/USD 2019 Forecast DailyForex.com
One of the most difficult tasks that I have is a technical analyst is to predict the yearly movement of a Forex pair. However, there are some general macro even.
Exchange Rates LIVE Today: British Pound Edges Lower, Euro Dented By ECB Forecasts, Dollar Mixed - Exchange Rates UK
Exchange Rates LIVE Today: British Pound Edges Lower, Euro Dented By ECB Forecasts, Dollar Mixed Exchange Rates UK
Analysts at Lloyds have today released their fundamental forecast for the Pound Sterling (GBP), expecting it to appreciate against the Euro (EUR) and Dollar ...
Forex Trading for Beginners: How to Start Today • Benzinga Benzinga
Benzinga's financial experts give you an in-depth look at everything you need to know when investing in the forex market in 2018.
60 Seconds: How Do You Make Money From Currency Trading? TheStreet.com
From Turkey's tanking Lira to trade with China to our U.S. dollar's new place in the world, currency talk is a daily recurrence. So what does all that mean and, ...
Britain extends lead in global currency trading RTE.ie
Britain has extended its lead in the global currency trading business in the two years since it voted to leave the European Union.
How to earn with forex trading Independent Online
Forex is an international over-the-counter market, where speculations with currency pairs are made. Due to the high liquidity and volatility, trading on the foreign ...
What is Forex Trading? Definition, Pros, Cons & More • Benzinga Benzinga
Benzinga's financial experts detail trading in the Forex market, which is the largest market in the world. Read and compare options for 2018 .
Stupid mistake: a well-Known crypto currency exchange the translated error to the user $35 million - The Kozweek
Stupid mistake: a well-Known crypto currency exchange the translated error to the user $35 million The Kozweek
Exchange, remittance cryptocurrency, confused recipients and lost $ 35 million. Brazilian crypto currency exchange Bitcambio by mistake, has transferred about ...
How to develop a trading plan for forex currency trading DynamicBusiness
Forex trading has countless advantages as compared to stock trading or commodity trading.
Currency ‘Cartel’ Traders on Trial for Chats That Cost Billions Bloomberg
The three British currency traders who were part of an exclusive online chat group referred to by members as “the cartel” go on trial this week for alleged market ...
Emerging market volatility fuelling currency trading boom Reuters
Yuan, Mexican peso, Turkish lira see big moves in 2018.
Best Forex Trading Software 2018: Price, Features & More • Benzinga Benzinga
Forex trading is an around the clock market. Benzinga provides the essential research to determine the best trading software for you in 2018.
Forex Trading Software: Tips, Tricks, and Suggestions PC World
Foreign exchange (forex) trading is a rapidly-growing in popularity with individual investors.
How to make money from home on forex trading market Pulse Nigeria
How to make money from home on forex trading market.
Currency trading volumes hit record highs in first quarter Reuters
LONDON (Reuters) - Foreign exchange trading volumes rose to a record high in the first three months of the year, data showed on Thursday, as a rise in volatility ...